MDU Resources Group (NYSE:MDU – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.930-1.000 for the period, compared to the consensus estimate of 0.980.
Wall Street Analyst Weigh In
MDU has been the topic of several recent analyst reports. Wells Fargo & Company started coverage on MDU Resources Group in a research note on Monday, July 13th. They set an “overweight” rating and a $25.00 target price on the stock. JPMorgan Chase & Co. raised MDU Resources Group from a “neutral” rating to an “overweight” rating and set a $27.00 price target for the company in a research note on Thursday, August 6th. Finally, Weiss Ratings lowered MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, MDU Resources Group presently has an average rating of “Hold” and a consensus price target of $23.75.
Check Out Our Latest Analysis on MDU Resources Group
MDU Resources Group Price Performance
MDU Resources Group stock traded down $1.25 during trading hours on Thursday, hitting $18.57. 4,371,774 shares of the company traded hands, compared to its average volume of 1,776,563. MDU Resources Group has a 1-year low of $18.24 and a 1-year high of $22.98. The firm has a market cap of $3.80 billion, a P/E ratio of 19.55, a P/E/G ratio of 3.63 and a beta of 0.66. The firm’s 50-day simple moving average is $19.13 and its two-hundred day simple moving average is $20.56. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 0.88.
MDU Resources Group (NYSE:MDU – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The utilities provider reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $347.80 million during the quarter, compared to analyst estimates of $346.63 million. MDU Resources Group had a return on equity of 6.89% and a net margin of 10.75%. The company’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.09 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, analysts forecast that MDU Resources Group will post 0.98 earnings per share for the current fiscal year.
MDU Resources Group Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a dividend of $0.1450 per share. The ex-dividend date of this dividend was Thursday, September 10th. This is a positive change from MDU Resources Group’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a yield of 3.1%. MDU Resources Group’s dividend payout ratio is presently 61.05%.
MDU Resources Group Company Profile
MDU Resources Group, Inc is a regulated energy delivery company headquartered in Bismarck, North Dakota. Through its utility and pipeline businesses, the company provides electric and natural gas services to residential, commercial, industrial and institutional customers.
Montana-Dakota Utilities operates electric generation, transmission and distribution systems, as well as natural gas distribution networks, across parts of North Dakota, South Dakota, Montana and Wyoming. Great Plains Natural Gas provides natural gas service in portions of Minnesota.
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